Nexstar executive vests RSUs, small tax-driven sale
NEXSTAR MEDIA GROUP, INC. officer Brett Jenkins reported routine equity compensation activity.
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Rhea-AI Filing Summary
NEXSTAR MEDIA GROUP, INC. officer Brett Jenkins reported routine equity compensation activity. On June 3, 2026, 1,313 time-based restricted stock units converted into the same number of common shares at $0.00 per share as part of a June 3, 2022 RSU award.
According to the footnotes, on June 4, 2026 he sold 397 common shares at an average price of $182.4153 per share to cover tax withholding obligations tied to the RSU vesting, rather than as a discretionary sale. After these transactions, he directly owned 27,977 Nexstar common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 397 | $182.4153 | $72K |
| Exercise | Restricted Stock Units | 1,313 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,313 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock subject to the Reporting Person's continued service through the applicable vesting date.
- F2. 5,250 RSUs were awarded on June 3, 2022, of which, 1,312, 1,313, 1,312 and 1,313 RSUs vested on June 3, 2023, 2024, 2025 and 2026, respectively.
- F3. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of RSUs that vested on June 3, 2026.
Key Figures
Key Terms
Restricted Stock Units financial
RSUs financial
tax withholding obligations financial
vesting date financial
open-market sale financial
FAQ
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What did Nexstar (NXST) executive Brett Jenkins report in this Form 4?
How many Nexstar (NXST) RSUs vested for Brett Jenkins on June 3, 2026?
What was the original Nexstar (NXST) RSU grant described in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.